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    Friday, April 10, 2009

    Obama tells Americans to REFINANCE (Video)

    The Timing is Right



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    Posted by icebergslim at 6:03 AM  

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    Tryanotherplan's avatar

    Tryanotherplan · 832 weeks ago

    Well, I hope President Obama is reading this blog. The plan isn't working. People who can afford to refinance are not being allowed to refinance. Why, because we no longer have enough value to our home to qualify. Why, because the underwriters and appraisers have written the rules so that our home value has gone from 570k to 425k to 308k in the span of 6 weeks time. Therefore, the industry will not lend us the money to refinance, and that is with credit scores of 790 and 820. On the bright side, the lending institutions can keep all that stimulus (Taxpayer) money, and claim they couldn't share it, because no one could qualify - now there's a PLAN.
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    Elsa Palma's avatar

    Elsa Palma · 825 weeks ago

    My concern is how legitimate are these money-lenders that infiltrate your e-mails, that are on the internet, that are now everywhere claiming that under the new plan of Obama - money is available to re-finance? I am being bombarded with e-mails and voice messages of "take advantage NOW of the opportunity of re-finance thanks to Obama's plan"..... please help single mom's with some protection!

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